Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
Chapter in NBER book NBER Macroeconomics Annual 2012, Volume 27 (2013), Daron Acemoglu, Jonathan Parker, and Michael Woodford, editors (p. 89 - 142)
Commentary on this chapter:
Comment, Francesco Giavazzi
Comment, Valerie Ramey
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An online appendix is available for this publication.
This paper was revised on August 14, 2012